Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
The benchmark index moderated by 4.85 points (-0.21%) this week to close at 2,311.48 with a -10.14% year-to-date return due to losses in seven counters in the banking, consumer goods, insurance and petroleum marketing sectors while market capitalization declined by 0.09% to settle at GH¢57.48 billion.
Fan Milk Ghana Limited (+14.43%) advanced on its 2Q19 results, pushing the SAS Manufacturing Index up by 35.12 points (+0.91%) to close at 3,898.49 with a -16.22% year-to-date return.
The GSE Financial Index declined by 28.16 points (-1.37%) due to losses in four banking and insurance stocks to close at 2,029.07 with a -5.79% year-to-date return.
Trading activity surged as 34,921,183 shares valued at GH¢26,056,522 exchanged hands compared to 210,214 shares valued at GH¢236,557 last week. MTN Ghana dominated trades for the second straight week, accounting for 97.97% of total volume traded and 95.84% total value traded.
We expect activity levels to pick up as investors take advantage of bargain stocks.